ABB India's Stock Declines by -3.34% and Receives 'Hold' Call from MarketsMOJO

ABB India, a leading electric equipment company in India, saw a decline of -3.34% in its stock price on September 19, 2024. This underperformance was reflected in the stock's 'Hold' call by MarketsMOJO.

The stock's performance today was -0.77% lower than the sector's performance, indicating a slight lag in comparison. ABB India has been on a downward trend for the past 2 days, with a fall of -4.4% during this period. The stock also touched an intraday low of Rs 7514.95, showing a decline of -3.16%.

While ABB India's stock price is currently higher than its 200-day moving average, it is lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This suggests a mixed trend in the stock's performance.

In the electric equipment sector, ABB India's stock has fallen by -2.51%, indicating a similar trend in the industry.

In comparison to the Sensex, ABB India's 1-day performance was -3.32%, while the Sensex showed a positive performance of 0.66%. Similarly, in the past month, ABB India's stock has declined by -4.04%, while the Sensex has shown a positive growth of 3.82%.

Overall, ABB India's stock has shown a decline in its performance, with a 'Hold' call by MarketsMOJO. Investors should keep an eye on the stock's movement and sector trends before making any investment decisions.